________ Detail the Planned Expenditures for Facilities,equipment,new Products and Other

question 131

Multiple Choice

________ detail the planned expenditures for facilities,equipment,new products and other long-term investments.

• A)Cash budgets
• B)Capital budgets
• C)Operating budgets
• D)Purchases budgets

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Definitions:

Income

The financial gain that an individual, business, or economy receives, usually in the form of money or other valuables, from various sources within a specified period.

Savings

The portion of income not spent on current consumption, often put aside for future use or investment.

Business Firms

Organizations engaged in commercial, industrial, or professional activities, typically structured as partnerships, sole proprietorships, or corporations.

Corporations

Legal entities that are separate from their owners, with the right to own property, enter contracts, and engage in business.